Bangladesh Lamps PLC announcements
265 Dhaka Stock Exchange announcements for Bangladesh Lamps PLC (BDLAMPS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (21).
- Emerging Credit Rating Limited (ECRL) has affirmed rating of the Company as \"AA-\" in the long term and \"ST-2\" in the
Emerging Credit Rating Limited (ECRL) has affirmed rating of the Company as \"AA-\" in the long term and \"ST-2\" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2023 and other available information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 13.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 12.11.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 08.11.2023 to 09.11.2023 and trading of the shares will remain suspended on record date i.e., 12.11.2023.
- The Board of Directors has recommended 10\% Cash Dividend for the year ended June 30, 2023. Date of AGM: 14.12.2023, Tim
The Board of Directors has recommended 10\% Cash Dividend for the year ended June 30, 2023. Date of AGM: 14.12.2023, Time: 11:30 AM, Venue: Digital Platform. Record Date: 12.11.2023. The Company has also reported EPS of Tk. 1.10, NAV per share of Tk. 82.91 and NOCFPS of Tk. (21.59) for the year ended June 30, 2023 as against Tk. 8.20 (restated), Tk. 85.04 (restated) and Tk. (5.16) (restated) respectively for the year ended June 30, 2022. (cont.)
- (Q1 Un-audited): EPS was Tk. (6.60) for July-September 2023 as against Tk. 1.65 for July-September 2022 (restated); NOCF
(Q1 Un-audited): EPS was Tk. (6.60) for July-September 2023 as against Tk. 1.65 for July-September 2022 (restated); NOCFPS was Tk. (10.58) for July-September 2023 as against Tk. (14.53) (restated) for July-September 2022. NAV per share was Tk. 76.85 as on September 30, 2023 and Tk. 91.74 (restated) as on September 30, 2022. Reasons for significant deviation in EPS, NAVPS and NOCFPS: EPS has decreased due to decrease in sales revenue by 20.3\% against last year, (cont.)
- Dividend Declaration
(Continuation news of BDLAMPS): Reasons for deviation in EPS and NOCFPS: EPS has been decreased significantly due to sharp increase in finance cost, currency devaluation and adverse changes in duty structure. NOCFPS has been decreased mainly due to payment to supplier. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (19.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Q1 Financials
(Continuation news of BDLAMPS): material cost increased due to higher customs duties imposed after national budget 2023-24 and higher foreign exchange rate and financial cost increased due to higher bank borrowings rate. NAVPS has decreased due to investment in shares decreased due to the fair value adjustment of the company's investment and current liabilities increased due to increase the short term financial mainly. NOCFPS has decreased due to decrease in collection from customers. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 18, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 18, 2023 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Board decision to set up a production line at its existing factory
The Company has informed that the Board of Directors of the Company has decided to set up a production line for manufacturing plastic parts of Tube Light at its existing factory located at Ghashirdia, Shaspur, Shibpur PS, Narsingdi. The expected cost for the project will be Tk 1.11 crore. The cost of the project will be arranged by bank borrowings. The Board of Directors of the Company has also decided to outsource GLS Bulbs and discontinue of GLS production line.
- (Q3 Un-audited): EPS was Tk. (2.21) for January-March 2023 as against Tk. 1.53 (restated) for January-March 2022; EPS wa
(Q3 Un-audited): EPS was Tk. (2.21) for January-March 2023 as against Tk. 1.53 (restated) for January-March 2022; EPS was Tk. 1.07 for July 2022-March 2023 as against Tk. 5.66 (restated) for July 2021-March 2022. NOCFPS was Tk. 6.39 for July 2022-March 2023 as against Tk. 4.63 (restated) for July 2021-March 2022. NAV per share was Tk. 81.25 as on March 31, 2023 and Tk. 86.38 (restated) as on March 31, 2022. (cont.)
- Q3 Financials
(Continuation news of BDLAMPS): Reasons for deviation in EPS and NAVPS: EPS has been decreased due to decrease in sales revenue, and increase in raw material purchase price, operating costs and finance costs. NAVPS has been decreased due to decrease in the fair value adjustment of the Company's investments. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 25, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Appointment of Chief Financial Officer
The Company has informed that the Board of Directors has appointed Mr. Md. Shahidul Islam, FCA as Chief Financial Officer of the company with effect from February 23, 2023.
- (Q2 Un-audited): EPS was Tk. 1.74 for October-December 2022 as against Tk. 3.15 for October-December 2021; EPS was Tk. 3
(Q2 Un-audited): EPS was Tk. 1.74 for October-December 2022 as against Tk. 3.15 for October-December 2021; EPS was Tk. 3.51 for July-December 2022 as against Tk. 4.42 for July-December 2021. NOCFPS was Tk. (1.58) for July-December 2022 as against Tk. 11.32 for July-December 2021. NAV per share was Tk. 89.65 as on December 31, 2022 and Tk. 97.29 as on December 31, 2021. (cont.)
- Decision to set up a production line for manufacturing accessories
The Company has informed that the Board of Directors of the Company has decided to set up a production line for manufacturing accessories at its existing factory located at Ghashirdia, Shaspur, Shibpur PS, Narsingdi. The expected cost for the project will be Tk. 3.20 crore. The cost of the project will be arranged by bank borrowings. After completion of the project, it is expected that the net sales will be Tk. 21.94 crore and expected net profit before tax Tk. 0.44 crore per year from the said project.
- Q2 Financials
(Continuation news of BDLAMPS): Reasons for Deviation in EPS and NOCFPS: EPS has been decreased due to increase finance cost and materials purchase price. NOCFPS has been decreased due to increase the payments to suppliers on account of imported raw materials purchase. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 25, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts and it has also disbursed the cash dividend to the respective shareholders for the year ended June 30, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.